Social Responsibility
A Focus on Job Creation and Sustainability Throughout Our Investments
Social Responsibility
CITI EQUITY prioritizes growth and business building in its investing approach, and emphasizes job creation as well as the importance of environmental, social and governance initiatives. This focus is part of CITI EQUITY’s long-term, sustainability-oriented attitude to investing and its aim to improve the quality of our portfolio companies.
ESG Philosophy
CITI EQUITY emphasizes investing in a sustainable and responsible way, with a focus on improving environmental, social, and governance issues within our portfolio companies and at the Firm.
CITI EQUITY has identified 24 key ESG Metrics that have been integrated into the due diligence and monitoring process for private equity and credit investments. CITI EQUITY creates an ESG Annual Report for investors, which summarizes progress and specific actions taken to improve ESG metrics at each portfolio company.
24 Key NMC ESG Metrics
Environmental
01
Air and Water Pollution
02
Deforestation
03
Energy Efficiency
04
Hazarduos Materials
05
Land Degradation
06
Resource Depletion
07
Waste Management
08
Water Scarcity
Social
01
Job Creation
02
Customer Satisfaction
03
Data Protection & Privacy
04
Diversity & Equal Opportunities
05
Employee Attraction & Retention
06
Labor Standards
07
Product Safety & Liability
08
Supply Chain Management
Governance
01
Accounting Standards
02
Anti-Competitive Behavior
03
Board Composition
04
Bribery & Corruption
05
Business Ethics
06
Compliance
07
Executive Remuneration
08
Risk Management
Job Creation & CITI EQUITY’s "Social Dashboard"
Since 2008, CITI EQUITY has proactively published an annual Social Dashboard, which reports on key metrics within our private equity portfolio companies, including net job creation, total investment in R&D, capital expenditures, and employee salaries in comparison to U.S. median income.
~61,500
Jobs added or created, net of any job losses
Median Income ~93%
above national individual median income
$6.8B+
of R&D, software development, and capital expenditures
$74.5B+
enterprise value gains
Never a bankruptcy or missed interest payment
Driving Social Advances Within and Beyond CITI EQUITY
We’re working every day to create a diverse, inclusive and empowering culture at CITI EQUITY. Our goal is to bring out the best in all our people—and to advance the many communities we share.
What Social Responsibility Means to Us
Serving Our Communities
Responsibility to something bigger than ourselves: it’s the very meaning of community. Our firm and our people are striving to make a positive social impact through action.
Engaging Our Employees
An engaged and well workforce drives us forward. To strengthen the fabric of our firm, we encourage employees to celebrate what brings them together and what makes them unique.
Diversity and Inclusion
We’re striving to cultivate a more diverse, inclusive workplace for everyone. All of our people should feel challenged, empowered and excited about building a career at CITI EQUITY
Serving Our Communities
In many ways, 2020 demonstrated just how expansive the concept of community is. From the COVID-19 pandemic to natural disasters and race and gender inequities, the call for service is stronger than ever. In 2019, we launched CITI EQUITY Gives Back, a holistic platform for all volunteerism, gift-matching and grant-giving activities. We want our employees to have more time for community and charitable outreach. That’s why we organize coordinated service opportunities and offer paid time off allowances through our Day of Service program.
Here are some key social responsibility principles:
Ethical behavior: This involves being honest, transparent, and fair in all business practices, and ensuring that products and services are safe and of high quality.
Environmental sustainability: This involves reducing the negative impact of business operations on the environment, such as reducing carbon emissions and waste, and using resources in a responsible manner.
Respect for human rights: This involves respecting the dignity, privacy, and basic human rights of all stakeholders, including employees, customers, and communities.
Community involvement: This involves actively participating in and contributing to the well-being of the communities in which a business operates, such as through charitable donations or volunteer work.
Diversity and inclusion: This involves promoting diversity and inclusion in the workplace and ensuring that all stakeholders are treated fairly and with respect, regardless of their race, gender, religion, or other personal characteristics.
Corporate governance: This involves ensuring that business practices are aligned with legal and ethical standards, and that decision-making is transparent and accountable to stakeholders.